Which Three Senators Voted Against Banning Insider Trading in Congress and Why?

Breitbart editor Peter Schweizer’s battle to ban members of Congress from using private information to enrich themselves scored a stunning victory on Thursday when the U.S. Senate voted 96-3 to pass the STOCK (Stop Trading On Congressional Knowledge) Act.

While the bill was widely hailed as an essential first step to begin repairing Congress’s abysmal approval ratings, three senators voted against the measure outlawing congressional insider trading.
One of the dissenters was Sen. Jeff Bingaman (D-NM).

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Online Petition for STOCK Act Gathering Steam

An online petition to ban congressional insider trading has collected 4,488 online signatures.

The petition was started by Rick Smith, a financial writer for the popular investing website The Motley Fool.

For years, Mr. Smith has been championing legislation that would stop members of Congress from profiting off of private information. Given the head of steam his online petition supporting the STOCK (Stop Trading On Congressional Knowledge) Act appears to be gathering, that’s a message that’s beginning to break through.

Even if the STOCK Act or similar bills on the issue pass, Mr. Smith thinks members of

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Washington Examiner: Tea Party’s 2012 Rallying Cry Should Be Combating Insider Trading

As the Tea Party looks to codify and push its 2012 legislative and electoral agendas, a recent editorial by the Washington Examiner argues that the Tea Party would do well to make combating congressional insider trading its marquee legislative issue.

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Obama’s ‘Green’ Initiatives: It Pays (BIG) to Be an Obama Bundler.

President Obama’s 2012 reelection campaign is promising to raise enormous sums of money, by some estimates and unprecedented $1 billion. The Finance Chair for the 2012 campaign, Matthew Barzun, is reactivating the 2008 financial network of campaign bundlers to meet that goal. In my new book, Throw Them All Out, I expose the scandal that is outrageous and typical: those who are raising money for Obama received large amounts of taxpayer-funded energy stimulus money from the Obama Administration. It offers a new form of “recycling” when it comes to campaign dollars that is unprecedented.

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Vulnerable Lawmakers Rush to Back Bill Banning Insider Trading

From The Hill:

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George Soros Helped Craft Stimulus Then Invested in Companies Benefiting

Billionaire George Soros gave advice and direction on how President Obama should allocate so-called “stimulus” money in a series of regular private meetings and consultations with White House senior advisers even as Soros was making investments in areas affected by the stimulus program.

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EXCLUSIVE DOCUMENTS: The Kerrys’ Curious Stock Trades

BigGovernment.com has obtained records of Massachusetts Democrat Senator John Kerry and his wife Teresa Heinz’s stock portfolios that show almost perfectly timed pharmaceutical stock trades during the Obamacare debate, which fattened their already enormous personal fortune.

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"Man is not free unless government is limited"

Tag Archives: Peter Schweizer

Which Three Senators Voted Against Banning Insider Trading in Congress and Why?

Online Petition for STOCK Act Gathering Steam

Washington Examiner: Tea Party’s 2012 Rallying Cry Should Be Combating Insider Trading

Obama’s ‘Green’ Initiatives: It Pays (BIG) to Be an Obama Bundler.

Vulnerable Lawmakers Rush to Back Bill Banning Insider Trading

George Soros Helped Craft Stimulus Then Invested in Companies Benefiting

EXCLUSIVE DOCUMENTS: The Kerrys’ Curious Stock Trades

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